What are these crooks at ATW Gold (ATW.v) up to now? Here’s the latest, a “debt for shares proposed swap.
ATW GOLD CORP. ("ATW") BULLETIN TYPE: Shares for Debt BULLETIN DATE: May 28, 2010 TSX Venture Tier 1 Company TSX Venture Exchange has accepted for filing the Company's proposal to issue 2,000,000 shares at a deemed price of AUD$0.25 (or CAD$0.22065) to settle outstanding debt for AUD$500,000 (CAD$441,271.41). Number of Creditors: 1 Creditor The Company shall issue a news release when the shares are issued and the debt extinguished.
However it’s planned to work, you can bet it will have ulterior motives at work and you can also bet it won’t be for the benefit of bagholders already ripped nine ways by these frontrunning scamsters.